Rural Development Loans

Preserving Small-Town Living with Rural Development Loans in Brighton, MI


Rural Development LoansThe team at Concord Mortgage, Inc. is dedicated to helping families realize the American Dream through government-backed mortgages.

We’re partnered with the United States Department of Agriculture (USDA) to help promote the preservation of rural communities through rural housing loans. Available in qualifying counties and communities, rural development loans can be available with zero down payment and a low monthly mortgage insurance cost. Additionally, gifts from family members are allowed without penalty.

Zero Down Payment Homes – The Most Affordable Home Loan Option

While 100 percent financing loans are mostly a thing of the past, the one exception is USDA-backed rural development loans. If you have little to no savings available for a down payment, or have experienced credit issues, this may be the best option for you. In addition to 100% financing with no down payment, rural home loans also have low mortgage insurance costs and competitive mortgage rates.

How to Qualify for a USDA Rural Development Home Loan

It may sound as if rural development loans are designed for farmers or cattle-ranchers, but this couldn’t be farther from the truth! Although urban areas are generally excluded, your occupation will have no impact on your eligibility for a rural development loan, and you would be surprised at how many areas qualify for the program. If you are unable to secure a home loan from traditional sources, and are currently considered to be in a lower income bracket, this loan may be the best choice for you.

Our Mortgage Approval Process is Quick and Painless

Did you know that you can get pre-approved in for a mortgage in minutes with no obligation? Not only will the team at Concord Mortgage, Inc. look at your documented income, credit, debt and assets to determine what loan option is the best for you, we can answer any questions about the home-buying process and offer advice on choosing a property that fits your needs and lifestyle.


Let us make the home buying transaction a pleasant experience for you. Contact the team at Concord Mortgage, Inc. today at (810) 220-8200 to inquire about the perfect loan for your home purchase. We offer USDA-backed rura; development loans with no down payment for individuals without traditional credit. Find out if you qualify today!